# GMO Internet’s Cryptocurrency Mining Business Develops 12 nm FFC Process Technology for Semiconductor Chips: Progressing towards realizing a cutting-edge 7 nm process technology for mining chips.<BR><BR>

January 22, 2018 in Tokyo, Japan company GMO Internet’s (https://www.gmo.jp/en/ ) which is new cryptocurrency mining business,  is currently developing cutting-edge 7 nm*1 process technologies for chips to be used in the mining process.<BR>
They are currently jointly working on research and development with alliance partner who possesses semiconductor design technology to realize next-generation mining board, a high-performance computer for mining!<BR>

They had succeeded in developing a new 12 nm FFC*2 process based mining chip (12 nm FFC mining chip). The following outcomes have been obtained, which are significant milestones as they show that thye are closer to realizing a 7 nm process technology for chips to be used in the mining process.<BR><BR>

1. Prior to the development of a 7 nm process technology, validation of SHA256*3 logic circuit is complete. 
2. They had succeeded in developing 12 nm semiconductor mining chip, a cutting-edge ASIC*4 mining hardware.

Cutting-edge 7 nm process technology for chips will be used in the mining process, and GMO Internet will continue to work on research and development, using the next-generation mining boards in the mining process in the first half of 2018. 

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